1 of 13
Tools
Size
2
Bedrooms
535 Sq Ft.
interior
Financial
$87,000
Change Currency
$163
Price Per Sqft
$565
Annual taxes
Listing Details
Duplex Homes
Property type
1920
Year Built
12170743
Web Id
2844627-PAPH2371172
MLS ID
107
Days Posted
Description
3424 N Reese St,
Philadelphia,
PA
19140
Philadelphia, PA 19140
Investor Special in the Heart of Fairhill!Introducing an exceptional investment opportunity at 3224 N Reese Street, Philadelphia, PA 19140. This duplex, priced at just $87,000, presents a unique chance for investors to acquire a property with substantial potential in the vibrant Fairhill neighborhood.Property Features:Type: DuplexLocation: 3224 N Reese Street, Philadelphia, PA 19140Price: $87,000Condition: Property has been cleaned out and is ready for rehabUnit Configuration: Suitable for conversion into multiple rental unitsInvestment Highlights:Current Market Rents: The Fairhill area boasts strong rental demand, with current market rents for 1 bed, 1 bath units ranging from $800 to $900 per month.Value-Add Potential: This property offers significant potential for value addition through strategic renovations. Investors can capitalize on the increasing demand for quality rental units in this up-and-coming neighborhood.Prime Location: Situated in the Fairhill neighborhood, the property is in close proximity to public transportation, shopping centers, schools, and recreational facilities, enhancing its appeal to prospective tenants.This property represents an ideal investment for those looking to expand their portfolio in a high-demand rental market. With a little renovation, this duplex can be transformed into a lucrative income-generating asset.
Price History
date | price | variance | type |
---|---|---|---|
6/28/2024 | $87,000 | - | Listed |
Listing By: KW Empower via Data Source: Bright MLS
listing agent: Timothy Eiland